Guangdong Liantai (China) Market Value
| 603797 Stock | 3.95 0.08 1.99% |
| Symbol | Guangdong |
Guangdong Liantai 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Guangdong Liantai's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Guangdong Liantai.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Guangdong Liantai on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Guangdong Liantai Environmental or generate 0.0% return on investment in Guangdong Liantai over 30 days. Guangdong Liantai is related to or competes with Queclink Wireless, VeriSilicon Microelectronics, Mengtian Home, Ningbo Bohui, DO Home, National Silicon, and Bsm Chemical. Guangdong Liantai is entity of China. It is traded as Stock on SHG exchange. More
Guangdong Liantai Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Guangdong Liantai's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Guangdong Liantai Environmental upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.86 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.24 |
Guangdong Liantai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guangdong Liantai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guangdong Liantai's standard deviation. In reality, there are many statistical measures that can use Guangdong Liantai historical prices to predict the future Guangdong Liantai's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.7326 |
Guangdong Liantai Backtested Returns
Guangdong Liantai holds Efficiency (Sharpe) Ratio of -0.0899, which attests that the entity had a -0.0899 % return per unit of standard deviation over the last 3 months. Guangdong Liantai exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guangdong Liantai's risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 0.7426 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Guangdong Liantai are expected to decrease at a much lower rate. During the bear market, Guangdong Liantai is likely to outperform the market. At this point, Guangdong Liantai has a negative expected return of -0.16%. Please make sure to check out Guangdong Liantai's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Guangdong Liantai performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Guangdong Liantai Environmental has weak reverse predictability. Overlapping area represents the amount of predictability between Guangdong Liantai time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Guangdong Liantai price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Guangdong Liantai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Guangdong Liantai lagged returns against current returns
Autocorrelation, which is Guangdong Liantai stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Guangdong Liantai's stock expected returns. We can calculate the autocorrelation of Guangdong Liantai returns to help us make a trade decision. For example, suppose you find that Guangdong Liantai has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Guangdong Liantai regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Guangdong Liantai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guangdong Liantai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guangdong Liantai stock over time.
Current vs Lagged Prices |
| Timeline |
Guangdong Liantai Lagged Returns
When evaluating Guangdong Liantai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guangdong Liantai stock have on its future price. Guangdong Liantai autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Guangdong Liantai autocorrelation shows the relationship between Guangdong Liantai stock current value and its past values and can show if there is a momentum factor associated with investing in Guangdong Liantai Environmental.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Guangdong Stock
Guangdong Liantai financial ratios help investors to determine whether Guangdong Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Guangdong with respect to the benefits of owning Guangdong Liantai security.